Dr. Reddy's Lab reports Profit after tax of Rs 16394.00 Mln, in the June 2023 quarter
Date: 26-07-2023
The sales surged to Rs. 54373.00 millions, up 49.76% for the June 2023 quarter as against Rs. 36306.00 millions during the corresponding quarter previous year.Net Profit witnessed a 228.21% growth almost the double from Rs. 4995.00 millions to Rs. 16394.00 millions of same quarter last year.OP of the company witnessed a marginal growth to 24613.00 millions from 9829.00 millions in the same quarter last year.
| | Quarter ended | Year to Date | Year ended |
| | 202306 | 202206 | % Var | 202306 | 202206 | % Var | 202303 | 202203 | % Var |
| Sales | 54373.00 | 36306.00 | 49.76 | 54373.00 | 36306.00 | 49.76 | 169625.00 | 144052.00 | 17.75 |
| Other Income | 2336.00 | 4034.00 | -42.09 | 2336.00 | 4034.00 | -42.09 | 5913.00 | 4820.00 | 22.68 |
| PBIDT | 24613.00 | 9829.00 | 150.41 | 24613.00 | 9829.00 | 150.41 | 48061.00 | 30761.00 | 56.24 |
| Interest | 45.00 | 98.00 | -54.08 | 45.00 | 98.00 | -54.08 | 169.00 | 380.00 | -55.53 |
| PBDT | 24568.00 | 9731.00 | 152.47 | 24568.00 | 9731.00 | 152.47 | 47892.00 | 30381.00 | 57.64 |
| Depreciation | 2372.00 | 2215.00 | 7.09 | 2372.00 | 2215.00 | 7.09 | 9232.00 | 8143.00 | 13.37 |
| PBT | 22196.00 | 7516.00 | 195.32 | 22196.00 | 7516.00 | 195.32 | 38660.00 | 22238.00 | 73.85 |
| TAX | 5802.00 | 2521.00 | 130.15 | 5802.00 | 2521.00 | 130.15 | 12532.00 | 6006.00 | 108.66 |
| Deferred Tax | 415.00 | 1163.00 | -64.32 | 415.00 | 1163.00 | -64.32 | 3891.00 | 2080.00 | 87.07 |
| PAT | 16394.00 | 4995.00 | 228.21 | 16394.00 | 4995.00 | 228.21 | 26128.00 | 16232.00 | 60.97 |
| Equity | 833.00 | 832.00 | 0.12 | 833.00 | 832.00 | 0.12 | 833.00 | 832.00 | 0.12 |
| PBIDTM(%) | 45.27 | 27.07 | 67.21 | 45.27 | 27.07 | 67.21 | 28.33 | 21.35 | 32.69 |